Monday, June 23, 2014

Nifty Intraday Update-II


31 comments:

Prabhanshu Raman said...

@Zala, yes... 5 is aprx at 7478-80

J.R.Julius said...

:::Price Action@Nifty Spot:::
1hr Low 7472 good key for Bears.
30mins Low 7481 -- Aggressive Bears.

Prabhanshu Raman said...

+ww triggered at 12 noon. Sl should be 2 60 mins close below 7479.20. T1 7556 t2 7681

Prabhanshu Raman said...

Bear flag in 5 mins as well. Will trigger below 7469, keeping sl at 7482 post trigger, t1 7445 t2 7404

Ilango said...

"7463" would be DLEma less 30 points...below which 7445, S1 of week pivot..

Squander Star said...

Master,

BANKNIFTY - Strength & Weekness pls

Ilango said...

@ Squander Star ,

Minor strength above 15090; more strength above 15150.

Presently weak; retraced last fall from 15196 to 14940 to 15145, 80% and fallen.

shriram said...

G. Afty Master & JN Family

7412 NS seems the safety net / breathing space zone, for this fall

Have a gr8 trading day !

ITradeForProfit Daily said...

Nifty in ND Sir's ATR Buy zone

Squander Star said...

Thanks a lot Master...

Ilango said...

7477 7483 ... is 50%-61.8% retrace of the last fall from …… 7502 to 7452

80% is - 7492

If weakness is to return, it should be around 7477 7483

Strength gets confirmed above 7483 OR 7492

herry said...

dear sir 7700-7488(212)
and 7663-212= 7451 is done....? ABC

Ilango said...

7445, S1 of week pivot table reached.

7474 7480 ... is 50%-61.8% retrace of the last fall from …… 7502 to 7445

80% is - 7491

If weakness is to return, it should be around 7474 7480

Strength gets confirmed above 7480 OR 7491

NI3 said...

@illiango
Thanks sir for updates !!!

D Anand said...

Sir Nifty has made low of 7445.5 , what should be done now as nifty is 7461 now .wait till 7483-7492 ?

sometimesbullsometimesbear said...

@Ilangoji said...."The playground just got bigger - 7700 to 7300"

marina s rao said...

GM Master & Blogmates.

Wish all long life, health, peace & wealth.

Vikash said...

If the correction was in the form of A,b & C we have already done A=C and might be ready for a bounce

Ilango said...

@ D Anand,

Market provided with two "retrace sell trades" to day.

No technicals have changed yet.

Counter trend trades should be done "only by those who are experienced to handle surprises".

These observations are meant for "Intraday traders".

satheesh said...

The small symetrical triangle in tatamotors Hour chart is broken downwards and has formed a Bear flag (small channel) at current low of 432.65.
Bear flag resistance 437-438

NI3 said...
This comment has been removed by the author.
NI3 said...

@ Satheesh Maam
Target of bear Flag fro tatamotors?
Tata motors 423 WLema support mentioned in your or lower than that
Thanks a lot
nitin

marina s rao said...

Day Low : 7534.80 Day High : 7445.25 Range : 89 Points Day Pivot : 7523 Hr. Pivot : 7466

NS below HKPC ( Hepta Kilo Penta Cent).

Currently well below Day Pivot @ 7523.

NS hovering around 7450.

NS in SAH mode in Hr. T/F & in Day T/F.

Weakness continues below Hr. Lema @ 7477.

Strength above Hr. Pivot @ 7466 Hr Ema @ 7487.

SAH = Sell And Hold.

Sonu said...

Do we have iHnS in 2min with rising neckline?

Ilango said...

Holding 7452, minor bounce; more strength above 6465. - for Intraday.

marina s rao said...

Holding 7452, minor bounce; more strength above 6465. - for Intraday.

read as

Holding 7452, minor bounce; more strength above 7465. - for Intraday.

Ilango said...

@ marina s rao,

:D

satheesh said...

Break down below 431 - would lead to 428 - another minor support. Breakdown of 428 would lead to 424-423-420.

If it stays within the bearflag can fluctuate between 431-437

Sonu said...

Bulls holding 15000 in BN but not very tight
http://www.niftytrader.in/

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